ANZ Frequent Flyer Platinum Credit Card

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Current points earning: Earn 0.75 Qantas Points per $1 on eligible purchases up to $3,000 per statement period, then 0.5 per $1 above $3,000 up to $25,000. Standard Qantas Points are not earned on eligible spending above $25,000 per statement period. Bonus Qantas Points on selected Qantas products and services remain uncapped.

Points-cap timing for existing accounts: ANZ’s new eligible-spend caps apply to purchases made on or after 28 October 2026 that form part of statements issued on or after 28 November 2026. Check your statement cycle and ANZ’s change notice for the transition that applies to your account.

Annual costs: $240 annual card fee plus a separate mandatory $55 Rewards Program Services Fee per cardholder per year. The total for the primary cardholder is $295 per year. Additional cardholders have their own applicable fees.

The ANZ Frequent Flyer Platinum Credit Card

Providing plenty of platinum perks and a very appealing introductory offer, the ANZ Frequent Flyer Platinum Credit Card is a platinum card that lets you earn Qantas Points as you shop. Apply today and you could benefit from up to 50,000 bonus Qantas Points by spending $3,500 on eligible purchases within the first 4 months of being approved.

What we love...

Love travel? The ANZ Frequent Flyer Platinum Credit Card allows you to earn Qantas Points on your everyday spending, meaning you could travel further while paying less. And with up to 50,000 bonus Qantas Points currently on offer to new cardholders who meet the spend criteria, you could travel even further than you thought.

All you need to do to be eligible for this offer is be approved as a new cardholder (you cannot currently hold or have held an ANZ Frequent Flyer or ANZ Rewards credit card in your name in the past 24 months). Then spend $3,500 on eligible purchases within four months and the bonus points are yours.

Once you've made the eligible $3,500 spend within four months, 25,000 bonus Qantas Points will be credited to your account, with a further 25,000 available when you keep your card for over 12 months from the first annual fee charge. To give you an idea of the value of those bonus points, here’s what you could choose to redeem them for:

• For 66,200 Qantas Points, you could fly from Perth to New York.
• Or, you could opt for some retail therapy, redeeming 50,050 Qantas Points for a $250 David Jones gift card.

Point calculations are accurate as of 11 January 2025 but may be subject to change without notice. All routes may have additional taxes and charges. Check on the official ANZ page for the updated calculations.

On a day-to-day basis, it’s easy to earn Qantas Points on your spending. The points you earn will be automatically credited to your Qantas Frequent Flyer account, and if you don’t have an account, the ANZ Frequent Flyer Platinum card will provide you with complimentary Qantas Frequent Flyer membership.

You can earn 0.75 Qantas Points per $1 spent on eligible purchases up to and including $3,000 per statement period, then 0.5 Qantas Points per $1 spent on eligible purchases above $3,000 up to and including $25,000 per statement period. No standard Qantas Points are earned on eligible spending above $25,000 per statement period. You can also earn 1 bonus Qantas Point per $1 spent on selected Qantas products and services, as well as bonus points with ANZ’s Bonus Partners. There is no limit on the number of bonus points you can earn within each statement period.

What’s not so great...

As you will usually find with platinum credit cards, the ANZ Frequent Flyer Platinum Credit Card has a relatively high purchase rate and cash advance rate. So, to make all the rewards and features on offer worthwhile, you will have to avoid interest accruing by clearing your balance by the due date each month.

Again, similar to many other platinum rewards cards, the ANZ Frequent Flyer Platinum Credit Card has a high standard ongoing annual fee. You can choose to add up to nine additional cardholders, but be aware that an annual fee will be charged for each. On top of that, some cardholders may not be that impressed with the card’s earn rate. Although, the value of that earn rate will depend on your spending.

Why should you choose this card?

As a platinum rewards card earning Qantas Points, the ANZ Frequent Flyer Platinum Credit Card is the ideal option for anyone who wants to earn on the Qantas program while enjoying some nice platinum perks on the side. In terms of features, the card offers the following complimentary insurance covers:

• International Travel Insurance for up to a period of 3 consecutive months. Available to cardholders as well as their eligible spouses and/or dependants.
• Domestic Travel Insurance with a return domestic flight of up to 28 days per trip. Available to cardholders as well as their spouses and/or dependants, eligibility criteria apply.
• Rental Vehicle Excess In Australia Insurance up to a maximum total limit of $5,000.
• Extended Warranty Insurance for up to 12 months after the original manufacturer’s Australian warranty expires.
• Purchase Protection Insurance for 90 consecutive days from the date of purchase.

You can also benefit from the assistance of a Personal Concierge, available 24/7 to help with anything from travel arrangements to restaurant reservations, plus access to exclusive entertainment and lifestyle offers through Visa Offers + Perks, and up to 44 days interest free on purchases.

Overall Rating

With a decent earn rate and an array of platinum features, the ANZ Frequent Flyer Platinum Credit Card allows you to earn Qantas Points on everyday purchases, while taking advantage of up to 50,000 bonus Qantas Points.